South Austin Real Estate Investor Group July 2018

28 Replies

  • 07/17/18 07:00PM - 09:00PM America/Chicago
  • Serrano’s - Southpark Meadows, Serrano’s - Southpark Meadows, 9500 S IH 35 Frontage Road Austin, Texas 78748
  • Free

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Its that time of month again everyone for our South Austin Meet-up. As some of you may know we have had some issues with venues and had some difficulty finding a consistent venue for a monthly basis. On that note I will apologize for yet another change of venue but we hope our new venue may be true like and that we have found "the one" going forward. In order to secure the venue on an ongoing basis we have had to change from a Wednesday night to a Tuesday night. We are making these changes in order to stick to our values of keeping this event informative with no hard sales pitch and best of all free.... FREE! Thats my favorite price.

So I would firstly like to say thank you to all those who attended last month for our Hard Money meeting. Cort was a fantastic guest and I hope many of you made the relevant connections that will help facilitate your future REI career. The class was great for those of us who had little knowledge of financing deals and how hard money can come into play to make a successful deal. I know my takeaway line from the event that summed it up for me was "Hard money.... faster than conventional..... cheaper than equity".

Cort lead us very nicely into out next topic which this month will be City permitting and code enforcement. Our guest speaker was an officer for the city who will educate us on the permitting process, how to streamline it, what we can and cannot do without a permit and the implications of purchasing a property that was not correctly permitted. He will also cover zoning and the process and criteria for a rezoning application. As Cort mentioned last month there is some very lucrative ADU deals out there but it requires navigating the cities permitting process which done incorrectly can be the difference between a successful investment and not. Our guest speaker boasts 11 years service for the city as aCode Enforcement Inspector for the State of Texas specializing in the following credentials to name a few: Residential Building Inspector, Property Maintenance Inspector, Zoning Inspector, Permit Technician so boasts a ton of knowledge we can learn from.

Going forward we would like to hear input from those who matter.... you guys! as to what sort of speakers you want at these events. I have so far tentatively lined up a land usage and re-zoning expert, an investment insurance  and loss prevention agent and a conventional portfolio lender who are all interested in being a guest speaker. Are there any areas that would be beneficial to you guys and I will see if I have a contact who can present on that area for us.

 Again, this isn't possible without your participation and we enjoy putting this event together to help each other and learn something new each month.

Thanks

Scott

Thanks Scott! Looking forward to it. Lots of questions for next guest.  Would love to hear from a great property manager. Anyone know a star we could invite to speak with us?

Also just a reminder about next weeks investor class I am also taking part in. Details can be found at:

https://www.biggerpockets.com/forums/521/topics/581702-investor-class-learn-more-about-investing-in-austin-real-estate

Originally posted by @Daniel J Jackson :

Thanks Scott! Looking forward to it. Lots of questions for next guest.  Would love to hear from a great property manager. Anyone know a star we could invite to speak with us?

I would be interested in this field also, let me reach out and see if we can find a great property manage. As always recommendations are valued from any of our members. 

Originally posted by @Vamshi Ananth :

Looking forward for the meet this 11th.

 Awesome Vamshi, we have the investor class on the 11th and then this meet up on the 17th. A busy couple of weeks ahead but lots of opportunity to learn! I look forward to seeing you again.

Awesome Scott! Excited for this next meet-up and the opportunity to network and learn more about the ins and outs of permitting, zoning, and the process of dealing with the city. Thanks again for organizing this group!

Originally posted by @Ryan Cink :

Awesome Scott! Excited for this next meet-up and the opportunity to network and learn more about the ins and outs of permitting, zoning, and the process of dealing with the city. Thanks again for organizing this group!

 Hey Ryan, I’m glad you can make it! I hope it can be an informative class for many and we can get some great networking done. I hope all else is well your end!

Originally posted by @Marian Smith :

Can anyone attend? If yes, where and what time Tuesday? Thanks.

 Hi Marian, yes absolutely anyone can attend. We have a wide ranging audience from those looking to seal their first deal to seasoned wholesalers, realtors and investors. I hope you can make it. 

Originally posted by @Billy Bartush :

Looking forward seeing everyone and listening how the CoA evaluates projects from zoning to permitting. 

Thanks again Scott for organizing the seminar.

Thanks,

Billy Bartush

 Hi Billy, great to hear you can make it, I am hoping it will be a good one!

Hi Scott, 

I have been looking for a BP meetup near San Antonio with no luck. Any room for one more to attend your meetup tomorrow? If so, can you provide details on where its located and what time?

-Alex

Originally posted by @Alex Ireta :

Hi Scott, 

I have been looking for a BP meetup near San Antonio with no luck. Any room for one more to attend your meetup tomorrow? If so, can you provide details on where its located and what time?

-Alex

 Hi Alex,

Absolutely! We are all here to learn from each other and help our peers navigate these new challenges. The meet up is tomorrow at 7pm and is located at Serrano’s - Southpark Meadows, 9500 S IH 35 Frontage Road Austin, Texas 78748. I hope you can make the event and I look forward to speaking with you.

Thanks

Scott

Great meeting with y'all this evening and learning more about what everyone has going on in their real estate investment journeys.  And lots of great information on the permitting process, definitely some must have knowledge for here in Austin.  Looking forward to next month already.

Originally posted by @Jason Perkins :

Great meeting with y'all this evening and learning more about what everyone has going on in their real estate investment journeys.  And lots of great information on the permitting process, definitely some must have knowledge for here in Austin.  Looking forward to next month already.

 Glad you could make it, I hope it was informative for everyone and it helped add another contact to our network of people to call to make deals happen. 

Also, someone left their notebook and I’d like to get it returned to the owner. If it’s yours let me know and I’ll drop it in the mail if you message me your address. 

Originally posted by @Stephanie Banno :

Hey Scott! Just came across this BP group in Austin! Would love to join next month’s meeting! :)

 Hey Stephanie, you just missed it by a matter of hours! Hopefully you can make August’s meeting!

Hey everyone. Looking for partners to do deals with as well as get involved with the group. Hope to connect with all of you at some point. I'd love to hear all of your objectives to see how we can help each other.